Search Results for: e-commerce
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News
Five African transport and e-commerce startups emerge from GIZ LoT 17 program
Seedstars and Lab of Tomorrow (LoT) have announced the conclusion of LoT 17, an innovative program aimed at transforming Nigeria’s…
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News
B2B E-commerce startup Wasoko to invest over $1 million in Zambia
Wasoko has revealed plans to invest over $1 million in Zambia. The B2B retail and e-commerce made this announcement even…
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News
dLocal launches new payment platform to boost African e-commerce transactions
dLocal has announced the launch of a new all-in-one payment solution to manage global platform payments in one place. Known…
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News
Kenyan e-commerce startup Zumi is shutting down
Zumi, a Kenyan B2B e-commerce marketplace connecting retailers of non-food products to suppliers is reportedly closing shop after failing to…
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News
[Interview] Wasoko’s Neeti Kaushik on e-commerce and how the company is formalizing trade in Africa
Wasoko is one of Africa’s leading and most dynamic e-commerce platforms helping to make same-day deliveries of fast-moving consumer goods…
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News
[Interview] Peppa.io’s Bankole Alao on how they’re helping grow e-commerce business in Africa
Trust is a key component in the success of e-commerce business globally. Buyers first seek sellers who look and sound…
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News
Sendy introduces payment on delivery option for e-commerce vendors
Fulfillment and logistics startup Sendy has unveiled a Payment on Delivery product for e-commerce and social commerce vendors in Africa,…
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News
E-commerce fraud has recorded a 42% increase this festive season, report
A report by global information and consumer insights firm TransUnion has revealed that online shopping scams have increased by 42…
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News
Ex-Jumia executives launch new e-commerce platform
Former Jumia executives have teamed up to launch a new e-commerce company called “Kapu”. Launched on Monday, the new platform…
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News
Lipa Later to acquire popular e-commerce Startup Sky.Garden
Buy Now Pay Later (BNLP) company Lipa Later is acquiring troubled Kenyan e-commerce startup Sky.Garden. This comes about three weeks…
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News
Ex-Jumia executives to launch a new e-commerce platform next week
Former Jumia executives have joined forces to launch a new e-commerce company. Known as Kapu, the new platform is expected…
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News
Popular E-commerce Startup Sky.Garden Faces Closure After Failing To Raise Funding
Word in the streets has it that one of Kenya’s most popular e-commerce marketplace Sky.Garden may be closing down after…
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Startups
Kenyan B2B E-commerce Startup Wasoko Opens an Innovation Hub in Zanzibar
Innovation plays an ever-increasing role in growing Africa’s emerging technology ecosystem. In fact, A study by Briter Bridges and AfriLabs…
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News
Nigeria’s B2B e-commerce startup Omnibiz has raised $15 million to accelerate expansion
There is a growing number of startups across Africa that are helping to connect manufacturers with wholesalers and retailers. Nigeria’s…
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Startups
Egyptian fashion e-commerce startup The Fashion Kingdom has raised $2.6 Million in seed funding
Egyptian Fashion and accessories startup The Fashion Kingdom (TFK) has raised $2.6 in seed funding round. The company was founded…
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News
E-commerce giant Amazon is eyeing expansion to Africa by 2023
Global e-commerce giant Amazon is rumoured to have plans for extending its business to Africa by 2023, Business Insider reports.…
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News
Google to offer e-commerce training to 1000 SMEs in Kenya
Google has partnered with Coursera to develop an online course for Small and Medium-sized businesses (SMEs) in Kenya. Coursera is…
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News
AirDuka named overall winner of Kenya’s e-commerce startup of the year
AirDuka has been named the overall winner of the startup of the Year Award at the Kenya E-Commerce Summit and…
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News
Jumia celebrates 10 years of e-commerce in Kenya
Kenya’s leading e-commerce platform Jumia is marking its 10th Anniversary by celebrating consumers, and supporting sellers, and communities. The company’s…
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Startups
Kenyan B2B e-commerce startup TopUP Mama Has Raised $1.7 million Seed Funding
TopUp Mama a Kenyan startup that makes it easy for eateries to access supplies, banking services and management tools has…
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Startups
Kenyan e-commerce startup Sokowatch raises $125M, rebrands to Wasoko
Kenyan based B2B e-commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever…
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BUSINESS
Equity Bank Awarded for Leading in E-Commerce payment volumes
Equity bank has been honoured with two awards by Visa for leading in Visa generated volumes in 2021. The bank…
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BUSINESS
FMCGs and everyday products key to e-commerce growth in Kenya, Jumia
Making Jumia an everyday brand is the company’s major mission this year. There is a clear shift by consumer online…
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Startups
Ivorian e-commerce startup Afrikrea raises $6.2M in pre-Series A, rebrands to “ANKA”
Afrikrea, an Ivorian e-commerce startup has raised $6.2M pre-Series A round led by Investisseurs & Partenaires. The startup has also…
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BUSINESS
Dubai’s DUBUY.com e-commerce platform launches in Kenya
After launching in Rwanda early this year, Dubai-based DP World has announced the launch of its global wholesale e-Commerce platform…
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News
Stakeholders champion for the unity of e-commerce enablers in Kenya
The Ministry of ICT, Innovation and Youth Affairs, The Communications Authority of Kenya, The Kenya Private Sector Alliance (KEPSA) and…
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Startups
Nigeria’s e-commerce startup Sendbox raises $1.8 million
Sendbox has announced the completion of a $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs, and…
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News
Equity Group’s Finserve Africa Bags 2021 E-Commerce Award
Equity Group’s fintech subsidiary, Finserve Africa, has been named the best in E-commerce – Banking/Financial and Insurance Services Gold Category…
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News
Jumia Kenya scoops two awards at the Kenya e-Commerce awards
Jumia has scooped two awards at the Kenya 2021 eCommerce awards. Recognizing online retailers that are contributing to removing barriers…
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News
Egypt’s social e-commerce startup Taager raises US$6.4 million seed round
Taager, an Egyptian social e-commerce startup, has raised a US$6.4 million seed funding round to help it scale its platform…
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News
Huawei’s Petal Search Now Features a Direct Link to e-Commerce Site Jumia
In March this year, Huawei Mobile announced a massive upgrade to its Petal Search. The upgrades improved some important aspects…
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BUSINESS
Women Can Add $14.57 Billion to E-Commerce in Africa, IFC Research
The e-commerce market in Africa could grow by more than $14.5 billion between 2025-2030 according to an IFC report published…
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News
Key enablers to E-commerce in Kenya
E-commerce sales globally amounted to $4.28 trillion in 2020. This was mainly attributed to lockdowns, social distancing, and the push…
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News
Kenya e-commerce startup Sokowatch among winners of AppsAfrica Innovation Awards 2020
Kenyan based B2B e-commerce startup Sokowatch is among the winners of the AppsAfrica Innovation Awards 2020. The awards celebrates the…
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BUSINESS
Jiji Online Market Place Kenya new security measures to protect its users in a bid to dominate Kenya’s e-commerce space
If you were a frequent user of OLX Kenya a few years ago, you probably already know that the e-commerce…
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News
Kenya’s e-commerce Startup Sokowatch wins ‘Visa Everywhere Initiative’ 2020 competition
Nairobi-based e-commerce startup Sokowatch has been named winner of the recently concluded Visa Everywhere Initiative – Pandemic Challenge. This year’s initiative was…
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Featured
Untold: 2G, 3G, 4G as E-Commerce Catalyst in Northern Kenya
Northern part of Kenya is covered by 2G, 3G, 4G mobile networks. This cellular data in Marsabit is provided by…
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News
DPO Group and Mastercard launch DPO Store, an e-commerce platform for African businesses
Digital payments company, DPO Group, has launched an e-commerce platform to help merchants across Africa to move their businesses online.…
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News
Kenyans turn to e-commerce as coronavirus pandemic fears grow
The coronavirus has spread to dozens of countries across Africa within weeks, with the head of the World Health Organisation…
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Opinions & Guest Posts
[Column] Tearing down barriers for the growth of African rural e-commerce
The rise and growth of e-commerce in the world and primarily in Africa has created a lot of business opportunities,…
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News
[Column] Can e-commerce be Africa’s economic goldmine?
Digital economy in Africa is snowballing, and in the process, it’s creating new jobs and opportunities for digital entrepreneurs to…
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News
Kasha, Rwanda’s health and personal care products e-commerce platform now in Kenya
Kash, Rwandan e-health and personal care platform for women has officially launched in Kenya. The e-commerce platform first launched three…
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News
E-commerce firm goAfrica integrates Finserve’s Jenga Payment Gateway solution on its platform
goAfrica has announced the integration of Finserve’s Jenga Payment Gateway solution on its platform. The London-based e-commerce platform says…
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News
The Mastercard Love Index shows rising e-commerce spending in Kenya
The annual Mastercard Love Index indicates that Kenyans are willing to dig deeper into their pockets to make their partners…
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BUSINESS
E-Commerce penetration in Kenya ramping up travel
Online buying and selling of goods and services, online transactions, high mobile penetration, fast connectivity, a digital savvy population and…
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BUSINESS
Kenyan SMEs leverage e-commerce to compete with the big boys
80% of the products on online retailer platform Jumia are from accredited small businesses (SMEs), the company has revealed. This…
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BUSINESS
The Sharing Economy: a driver for e-commerce in Kenya and Africa.
Technologically advanced innovations and solutions are disrupting the somehow settled e-Commerce sector. According to a report by Price WaterHouse Coopers…
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News
Jumia and SheCares partner to provide E-commerce Training to over 3,000 Women in Kenya
Over 3,000 women from across the country are set to benefit from e-commerce training from Jumia in collaboration with SheCares…
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BUSINESS
5 Trends That Shaped Kenya’s E-Commerce Market in 2015
2015 has no doubt been an impressive year for e-commerce in Kenya as more and more consumers chose to turn…
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BUSINESS
E-commerce: Retailers should optimize supply chains to ensure customer satisfaction this festive season
The e-commerce shopping experience is increasingly becoming a popular option for consumers during the festive season. Retailers therefore need to…
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BUSINESS
E-Commerce: Beware of potential customs charges when sending or receiving gifts internationally
In the lead up to the festive season, consumers are increasingly turning to e-commerce shopping portals instead of visiting physical stores…
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BUSINESS
Interview: The evolving role of E-commerce in the travel industry
The most amazing aspect of e-commerce is its ability to impact sales and marketing efforts immediately, however, the uptake of…
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BUSINESS
e-Commerce:MOBOfree launches First-of-a-Kind ID Verification program in Nigeria and Uganda
MOBOfree has today announced the launch of the first-of-a-kind ID verification program in Nigeria and Uganda in what it says…
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News
e-Commerce: MOBOfree’s CEO Shares Top Security Tips with African Consumers
With Africa experiencing an e-Commerce revolution, more and more African consumers are looking for ways to protect themselves against scammers.…
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News
e-Commerce: MOBOfree Records Outstanding Performances in Africa
MOBOfree.com the leading African social marketplace, today announced that it had experienced an increase of more than 44% in the…
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BUSINESS
e-Commerce: MOBOfree Records Outstanding Performances in Africa
MOBOfree.com, the leading African social marketplace has announced an increase of more than 44% in the number of registered users…
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News
Francis DUFAY takes the reins of JUMIA in Côte d’Ivoire to lead the growth of e-commerce
Jumia has formalized the appointment of Francis DUFAY at the head of its subsidiary in Côte d’Ivoire. This announcement follows…
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News
Undersea cable incidents highlight need for network resilience
In light of recent disruptions involving undersea Internet cables, the importance of these cables for South Africa and the entire…
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Featured
Why you should step out more
The dream of running a business from the comfort of your home has become increasingly popular in recent years, especially…
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News
Why Launch of M-PESA Ethiopia is set to ignite a financial revolution in one of Africa’s biggest economy
A recent report by the GSMA dubbed State of the Industry Report on Mobile Money 2023 underscores how mobile money…
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News
Kaspersky unveils subscriptions services tracking app
Kaspersky has released a Premium version of its new mobile app that helps users track their subscriptions and control their…
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News
You can now buy the OPPO Reno10 Series in Kenya
OPPO has officially unveiled the OPPO Reno10 series in Kenya. The series comprises the Reno10 5G and the pro variant,…
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News
MEST Africa Opens Applications for its Startup Pitch Competition
MEST Africa has opened applications for its 2023 Challenge Startup Pitch Competition for African startups. This year, the program is…
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News
BREAKING: Cellulant to lay off 20% of its workforce
Cellulant, the Kenyan-based payments firm is laying off 20% of its workforce. The restructuring exercise the fintech says is expected…
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News
List of 12 growth stage startups selected for 2023 VC4A Venture Showcase Africa
Leading startup platform in emerging markets VC4A has announced the 12 African startups that have been selected to participate in…
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News
Kenyan logistics startup Sendy reportedly up for sale
Sendy, the Kenya Fulfillment and logistics startup is reportedly up for sale. Techcabal reports that the startup is currently at…
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Featured
Open letter from realme Founder and CEO, Sky Li ahead of the company’s five-year anniversary
realme’s Founder and CEO Sky Li has issued an open letter announcing the upcoming ” Leap Up” five-year anniversary press…
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News
Google and USAID partner to expand SMB growth in Kenya
Google and the USAID eTrade Alliance have announced a partnership to expand the reach of the Hustle Academy Program in…
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News
[South Africa] IBM launches Cloud Carbon Calculator to help enterprises track greenhouse gas
IBM has launched a new tool to help enterprises track greenhouse gas (GHG) emissions across cloud services and advance their…
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BUSINESS
Kenyan software firm Craft Silicon targets bank customers with a new Buy Now Pay Later product
The Buy Now Pay Later (BNPL) payment industry in Kenya has recorded strong growth over the last four quarters, supported…
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Startups
Safaricom to start investing in tech startups with two new subsidiaries
Kenya’s leading telco Safaricom will soon start investing in local tech startups after its shareholders approved two new subsidiaries. The…
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News
Copia confirms it’s laying off 350 employees
Kenyan Last-mile delivery and eCommerce platform Copia has confirmed that it’s indeed laying off 25% (around 350 members) of the…
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BUSINESS
Jumia Food and KFC expand food delivery services to Meru and Nanyuki
Jumia Food has announced the expansion of its operations to Meru and Nanyuki. This is part of Jumia Food’s strategy…
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News
Elon Musk is rebranding Twitter to X and getting into payments
Elon Musk on Saturday night dropped a bombshell that we probably never saw coming. The billionaire entrepreneur in a series…
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BUSINESS
Pesapal and Sokohela Launch Credit Product for SMEs in Kenya
Digital payments company Pesapal has partnered with Sokohela, a digital credit provider to launch a new credit product for small…
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News
Risana Zitha: B2B payments set to be the next focus for VC’s in Africa
Africa’s $1.5 trillion B2B payments market is ripe for innovation and represents a golden opportunity for investors and entrepreneurs looking to…
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News
PayPal Withdrawals made quick and easy with Equity
Last year, Equity launched a ground-breaking solution to expedite PayPal withdrawals to help customers transfer funds easily from PayPal to…
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News
[Tanzania] I&M Bank and Mastercard launch a suite of Debit and Multicurrency Prepaid Cards
I&M Bank Tanzania has partnered with Mastercard to launch a suite of Debit and Multicurrency Prepaid Cards. These cards will…
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News
[Interview] Canon’s Somesh Adukia on the company’s investment and plans for Africa
In this lengthy interview, TechTrends Media sits down with Somesh Adukia, the Managing Director, Canon Central & North Africa to…
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BUSINESS
Number of Jumia JForce agents in Kenya increase to more than 25000
A new report by Jumia Kenya has highlighted how online marketplaces can bring opportunities to underserved rural regions, by providing…
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Opinions & Guest Posts
Dilip Pal: The Telecommunications Greenfield Conundrum
For most businesses, expansion, especially to a new geographical area is both an exciting but also expensive and nerve-wrecking process.…
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News
Diageo to host its newly launched Africa Digital Hub in Kenya
Global drinks company, Diageo Plc, will host its newly launched Africa Digital Hub in Kenya to accelerate its digital transformation…
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BUSINESS
Boost for SMEs as Pesapal Introduces Real-Time Settlement of Payments in Kenya
Pesapal has introduced real-time settlement for merchants in Kenya, enabling fast transfer of funds into their accounts. Through Pesapal’s e-wallet…
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News
Players need to make connectivity available and affordable for SMEs, Liquid
Last week, the world marked World Telecommunication and Information Society Day, a day observed annually to mark the signing of…
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News
Uruguayan fintech firm dLocal receives regulatory approval to operate in Kenya
Uruguayan fintech dLocal on Tuesday announced that the Central Bank of Kenya (CBK) had granted it a payment service license…
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News
Oppo Pad Air starts selling in Kenya, priced at Ksh. 34,999
Oppo Kenya has entered the tablet market with the introduction of the OPPO Pad Air. Launched today, the tablet is…
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News
PATRICK NDEGWA: Kenya’s startup ecosystem is set for growth in 2023 and beyond
Kenya is a hub for entrepreneurship and startup development in East Africa, with a growing ecosystem of innovative businesses and…
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Apps
Africa had more than 270 million mobile apps users as of December 2022
As of December 2022, the total number of monthly active users of mobile apps in Africa exceeded 270 million, a…
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News
BudPay to host a fintech hackathon in Nairobi, up to $1000 in prize money up for grabs
BudPay, the payment infrastructure company offering payment services to businesses in emerging markets has revealed plans to host a fintech…
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News
Copia suspends its recently established Uganda operations
A few months after opening new facilities in Uganda, Copia now says it’s suspending its operations in the country. The…
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News
Shop Zetu Mini App now available on the M-PESA Super App
Fashion e-commerce Shop Zetu has partnered with Safaricom to launch the Shop Zetu Mini App on the M-PESA Super App.…
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News
Jumia Kenya appoints new CEO
Jumia on Wednesday announced the appointment of Charles Ballard as the new CEO of Jumia Kenya, effective from March. Charles takes…
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News
[Interview] Visa Kenya’s Eva Ngigi-Sarwari on fintech and Gen-Z spending
We are living at an exciting time where technology has made it easier for people to access funding, invest and…
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News
DFC invests $25 million in Pan-African VC firm Novastar Ventures
The U.S International Development Finance Corporation (DFC) has invested $25 million in a new fund by Pan-African venture capital firm…
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News
Connected Summit 2023 concludes with a commitment to a digitally inclusive Kenya
The Connected Summit 2023 just came to an end in Diani, Kwale County, highlighting Kenya’s progress and potential for future…
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News
[Interview] Western Digital’s Ghassan Azzi on the firm’s hardware storage products and plans for the Kenyan market
Western Digital is one of the biggest players in the computer drive manufacturing and data storage industry. With its headquarters…
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News
Flutterwave Secures Two Additional Licenses to Operate in Rwanda
Nigerian remittance company Flutterwave has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National…
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News
Jumia Kenya CEO takes up new role at South African fintech Mukuru
Less than a year after taking over from Betty Mwangi as Jumia Kenya CEO, Juan Seco has left the company.…
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News
Counties to discuss their ICT roadmaps at Connected Summit 2023
Counties will have a chance to showcase the milestones they have made in the digital space at the upcoming Connected…
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News
13th edition of Orange Social Venture Prize in Africa launched
Orange has opened applications for the 13th edition of its Social Venture Prize in Africa and the Middle East (POESAM).…
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News
The New Reno8 T 5G’s Ultra-Clear Imaging System Perfectly Captures the Details of Life
Equipped with the latest hardware updates and the newest portrait imaging features — including the brand-new Ultra-Clear Imaging System, OPPO…
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